The $650 million Invest in Innovation Fund (i3) will soon be doled out primarily to school districts -- folks with very little ability to invest in, manage, or scale innovation. Unlike the Department of Energy, public-private partnerships are prohibited. If the US Department of Education was able to invest half of i3 in private ventures, it would be multiplied several times over by private investment (10x in some cases), it would fund scalable enterprises with the potential for national impact, and the innovation would be sustained by a business model.